C099.DE vs. QQQ
Compare and contrast key facts about Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) and Invesco QQQ (QQQ).
C099.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. C099.DE is a passively managed fund by Amundi that tracks the performance of the Bloomberg Energy and Metals Equal-Weighted (EUR Hedged). It was launched on Dec 11, 2018. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both C099.DE and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: C099.DE or QQQ.
Key characteristics
| C099.DE | QQQ | |
|---|---|---|
| YTD Return | 9.03% | 9.03% |
| 1Y Return | 7.73% | 37.37% |
| Sharpe Ratio | 0.55 | 2.35 |
| Daily Std Dev | 14.99% | 16.21% |
| Max Drawdown | -14.68% | -82.98% |
| Current Drawdown | -1.33% | -0.10% |
Correlation
The correlation between C099.DE and QQQ is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
C099.DE vs. QQQ - Performance Comparison
As of year-to-date, both investments have demonstrated similar returns, with C099.DE at 9.03% and QQQ at 9.03%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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C099.DE vs. QQQ - Expense Ratio Comparison
C099.DE has a 0.35% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
C099.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
C099.DE vs. QQQ - Dividend Comparison
C099.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
C099.DE Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
C099.DE vs. QQQ - Drawdown Comparison
The maximum C099.DE drawdown since its inception was -14.68%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for C099.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
C099.DE vs. QQQ - Volatility Comparison
The current volatility for Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF (EUR Hedged) Acc (C099.DE) is 3.71%, while Invesco QQQ (QQQ) has a volatility of 4.93%. This indicates that C099.DE experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.